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Jan 18, 2013
01/13
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the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't come here to about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic
the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left,...
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Jan 21, 2013
01/13
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we are going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause] hey. [applause] cominght you weren't out! i thought you weren't coming. but you changed your mind. [applause] >> hi, everybody. [applause] excuse our tardiness, but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. pardon our delay. [applause] thank you so much. thank you for that kind introduction. more importantly, thank you for your leadership. [applause] i love joe biden. [applause] i love jill a little bit more. [laughter] but i want to thank you both for making this journey so much more fun. our families have bonded and this has just been a phenomenal four years. i am ready to do four more with both of you. most of all, i want to thank all of you here tonight for everything you have done to bring this inauguration to life. this weekend has been such a wond
we are going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause] hey. [applause] cominght you weren't out! i thought you weren't coming. but you changed your mind. [applause] >> hi, everybody. [applause] excuse our tardiness, but you know what? when stevie wonder has a few words to say to you,...
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Jan 19, 2013
01/13
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argued in numbers and figures, but it is really about families like yours that bear the burden of a slow economy, constant uncertainty, and ever-changing government rules that chase jobs and opportunity overseas. one day to day life costs more, and jobs pay less, we do not solve the problem by delaying decisions, raise taxes, or refusing to tackle the most pressing economic challenges. you deserve better. with the swearing in of a new congress and the inauguration of president obama, this is the opportunity for a fresh start, but because government debt affects all of us, republicans will not simply provide a blank check for uncontrolled spending , a rational borrowing, and constant nickel and dime tax increases. the issues that we face today are not an impossible obstacle. they are merely the challenges of our time. we have the guidance of great leaders of the past that have faced tougher challenges than this with grace and dignity like dr. martin luther king jr., who won said the most persistent and urgent question is what are you doing for others? it is a good word for all of us , and a clari
argued in numbers and figures, but it is really about families like yours that bear the burden of a slow economy, constant uncertainty, and ever-changing government rules that chase jobs and opportunity overseas. one day to day life costs more, and jobs pay less, we do not solve the problem by delaying decisions, raise taxes, or refusing to tackle the most pressing economic challenges. you deserve better. with the swearing in of a new congress and the inauguration of president obama, this is...
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Jan 18, 2013
01/13
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the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25 million units of those 14 million units that were assembled right here in michigan and we should be proud of that. [applause] also the winners of the cars of the year. if you want the best come you buy it from a michigan company. [applause] on agriculture, we continue to do well. we had a freeze early in the year, it devastated some of our fruit crops. and that was terrible. we had drought issues. but overall we had a strong year, we had record production and sugarbeet production and wheat. back in 2011, i worked with the farm bur
the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25...
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Jan 19, 2013
01/13
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so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007 or 2006, we see increases in production. rising house prices will affect household wealth. that is what i hope will be a better year in 2013 and 2014. a few other things that are positive, just to point out, is that state and local governments which had been very contraction remote -- great contraction ary mode, they are in better shape than they were. as a result, they will not be a drag on the academy that they have been in the last few years. -- on the economy that they have been in the last few years. energy. consumers are more
so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007...
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Jan 13, 2013
01/13
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CSPAN2
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in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book, she helps us understand why the failures of such direct investments in private firms are both significant problems in themselves and cautionary tales for those who would have the government rather than private investors allocate capital. the publication that regulates the disaster caps diane mr. shear as an institute senior fellow, i'll year in which has been prolific and influential. cited by reuters reporters, talk show host, across the country. i think in particular of her many, many contributions to our series called issues 2012, ranging from her analysis demo
in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the...
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Jan 14, 2013
01/13
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KNTV
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> great conversation, you want dale murphy in the hall of fame. dually noted. thanks to all of you. aig? we said we were going to turn it around, and we did. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. there's natural gas under my town. it's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got t
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> great conversation, you want dale murphy in the hall of fame. dually noted. thanks to all of you. aig? we said we were going to turn it around,...
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Jan 21, 2013
01/13
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MSNBCW
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there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of presidents, it's often called where they will attend services. then he heads over to the c capitol for what he was talking about a moment ago. remarkably, the number is expected to be 600 or 800,000. that's roughly a third of the nearly two million who were here four years ago. his inaugural address tells nbc news earlier today, the president has finished writing those remarks just a couple days ago. jay carney said he didn't know if they were done, but he had seen a lot of yellow pads around the oval office. and finally, tomorrow night, two inaugural balls compared to the ten that they celebrated with ju
there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of...
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Jan 19, 2013
01/13
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MSNBC
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maybe your economy is tanking. maybe it isn't. but a lot of people on wall street have reason to believe that it is. panic. well, today, as he kicks off his inauguration weekend, president obama was given a great present by the vix. this is the present that vix gave to barack obama today to celebrate his inauguration as a second-term president of the united states. look. hmm. happy inauguration, mr. president. things are kind of okay. in fact, today's low vix is the lowest vix since the spring of 2007. that's vix going down. vix is low. fear is low. also for the record, the dow jones hit a five-year high today. mazel tov, mr. president. have a great weekend. the reason for this, this low vix dropping, for this opposite of a freak out, simple. eric cantor telling the world, folks, next week we will authorize a three-month temporary debt ceiling increase. that was the announcement from the majority leader of the house republicans announcing they are giving up on what they had been saying for months was their plan, to not approve an
maybe your economy is tanking. maybe it isn't. but a lot of people on wall street have reason to believe that it is. panic. well, today, as he kicks off his inauguration weekend, president obama was given a great present by the vix. this is the present that vix gave to barack obama today to celebrate his inauguration as a second-term president of the united states. look. hmm. happy inauguration, mr. president. things are kind of okay. in fact, today's low vix is the lowest vix since the spring...
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Jan 20, 2013
01/13
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WUSA
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still that means hundreds of thousands of visitors adding millions of dollars to the local economy. they're coming from all parts of the country for the celebrations this weekend. jennifer shows us the glitz and glamour behind the state inaugural fashion show. >> reporter: a little light and glamour of hollywood found its way to washington this weekend. >> well, this is old california. >> reporter: the golden state is on full display with around 700 proud californians here to meet, greet and celebrate one of their strongest industry, fashion. >> california is the home of the red carpet, with hollywood and the glamour. >> reporter: this the fourth time the california state society has partnered with the fashion institute of design and merchandising for an inauguration and fashion show. it's an opportunity for californians on show off their state and pull out the red carpet. it's dotted with politicians and industry leaders having learned themselves how difficult it is to get there to success. >> i came when i was 25 from ohio to found a fashion college. started with 24 students and n
still that means hundreds of thousands of visitors adding millions of dollars to the local economy. they're coming from all parts of the country for the celebrations this weekend. jennifer shows us the glitz and glamour behind the state inaugural fashion show. >> reporter: a little light and glamour of hollywood found its way to washington this weekend. >> well, this is old california. >> reporter: the golden state is on full display with around 700 proud californians here to...
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Jan 21, 2013
01/13
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LINKTV
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gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to take off from his great speech, i have a dream, back in 1963. and remember, martin luther king's dream did not only include ending segregation. it included ending needless wars, fighting poverty, and making america a more equal country. barack obama, tell us what your dream is for the second term and once that is over, once you have inspired us, go about the hard work of implementing that dream. it is a dream speech i am looking for. >> angela merkle. but the omens are not good. her coalition has just lost a regional election that was widely viewed as a test of public opinion. >> at first, it looked
gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to take off from his great speech, i have a...
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Jan 21, 2013
01/13
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our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could have gone further and didn't or where he regrets not going further. >> i'm going to point to his own words. he believes he could have done a better job communicating with the american people. we've been talking about what we were dealing with. the financial crisis, the economic crisis, building a new administration. we had our hands full. i think frying ing trying to g that done and take the emergency steps to sure up our banks, some things were lost in there including communicating with the american people but why we were taking th
our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could...
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Jan 20, 2013
01/13
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CNN
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getting the economy under "control" will be very, very important. the president faces one problem, though, and we become almost a parliamentary system in the actions of legislative bodies and he's got a republican house that he's got to find a rhythm to work with him. president clinton did that, joe, his second term we were able to balance the budget for four years, but it's difficult and they have not found a rhythm yet and until they do that, i think it limits what he can get done. >> interesting to me because in an early press conference the president said he was well aware of what happened to many other presidents in their second terms and clearly referring to an overreach that you have with second-term presidents who were thinking about their legacy. joe, as you look at, as you look at president obama and you look at his agenda, gun control, immigration reform, climate change, got to get through all the fiscal problems first. i mean, is that overreach? >> i don't think so. there are things that he has to do. climate change is a really difficult
getting the economy under "control" will be very, very important. the president faces one problem, though, and we become almost a parliamentary system in the actions of legislative bodies and he's got a republican house that he's got to find a rhythm to work with him. president clinton did that, joe, his second term we were able to balance the budget for four years, but it's difficult and they have not found a rhythm yet and until they do that, i think it limits what he can get done....
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Jan 21, 2013
01/13
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CNN
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the issue -- my analogy is to the economy for president obama. if this economy doesn't come roaring back, he's going to have second term problems. >> but what i remember about president bush was that he started to do social security reform, and that turned out to be a huge problem for him before he did immigration, and i think i read actually in his book, correct me if i'm wrong, that he wished that it had been reversed, that he had done immigration -- so the order in which you do things? >> gloria, that's really impressive, if you can remember that level of detail from his book. >> hello. >> i colored in a few pages. >> but i also covered that, so i actually remember that, but -- >> i wouldn't have colored in the pages on your boss' book, they're too colorful. >> but you just made an important point. he couldn't find the center on a big issue. gloria, you know, we have polarized politics in bill clinton's time, much of it because of the personal stuff, but not all of it. polarized politics in president bush's time. polarized politics in the firs
the issue -- my analogy is to the economy for president obama. if this economy doesn't come roaring back, he's going to have second term problems. >> but what i remember about president bush was that he started to do social security reform, and that turned out to be a huge problem for him before he did immigration, and i think i read actually in his book, correct me if i'm wrong, that he wished that it had been reversed, that he had done immigration -- so the order in which you do things?...
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Jan 21, 2013
01/13
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and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew he was not going to be on the electoral battlefield. >> i think that's right, john. from his point of view, what he also -- he has to worry not only about whether hillary clinton's going to get in, not only about his own age and health, he has to worry about the overall success of this partnership. he has a very strong self-interest in seeing barack obama succeed. as you well know, after eight years of one party being in office, it's not easy to hold on to that office. and one of the things that helped to elect george h.w. bush at the end of reagan was reagan went out on a
and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew...
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Jan 21, 2013
01/13
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. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a campaign for me. very flattered. >>neil: thank you, robert. when we come back, art laffer will join us and by the time that occurs the obamas and the bidens will be there. ÷÷ i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, m
. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a...
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Jan 13, 2013
01/13
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they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course, drew a strong rebuke from republican governor chris christie. this is not politics devoted to a competing vision. this is politics devoted to digs corruption and obstruction, and those recent fights i mentioned don't even include the explosion of minority obstruction in the u.s. senate. the filibuster has been used against more of obama's legislation than any president in history. the bottom line is that the gop is exploiting what i think is a hole in our democracy. can you lose elections and still get your way now if you don't care about responsibly governing. of course, it's hard to get
they pushed the economy to the edge of the fiscal cliff and they threatened to make the u.s. go into default or shut down the government if they don't get policy concessions. they fiercely oppose potential picks for obama's cabinet from susan rice, of course, to people who withdrew to people who had strong gop support up until they were affiliated with president obama like chuck hagel and jack lew and republicans delayed 85% of the planned relief funding for hurricane sandy. that, of course,...
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Jan 20, 2013
01/13
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federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your representatives. the president has already missed more budget deadlines than any of his predecessors. the house and senate are also required by law to submit a budget each year. by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again m
federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your...
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Jan 19, 2013
01/13
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CNN
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. >> two weeks ago i would have said it's quiet this year, the economy, less excitement. and yet in the past four days, i've gotten invitations to things i had no idea were going to happen. things coming out of the woodwork. i don't know what it is. some people are scaling back instead of having big dance parties at night, a lot of corporations are doing brunches. whether that's actually less expensive or whether it's just supposed to look less expensive, i'm not exactly sure. but you are -- >> you think it's about optics. >> perhaps. i mean, that's certainly with the -- having the two official inaugural balls. >> i've seen so much ink about online and print and even on television, about the first lady's haircut. i wonder if this saturday, if people are going into their salons, amy, saying, hey, listen, can i get the -- michelle obama? yeah. >> yeah. >> what do you think? >> yeah, oh, i think so. we've seen the photo. we're going to want to see how the bangs move. that's what we'll be looking for. >> let's see. >> i've got the side sweep. she got the straight across much.
. >> two weeks ago i would have said it's quiet this year, the economy, less excitement. and yet in the past four days, i've gotten invitations to things i had no idea were going to happen. things coming out of the woodwork. i don't know what it is. some people are scaling back instead of having big dance parties at night, a lot of corporations are doing brunches. whether that's actually less expensive or whether it's just supposed to look less expensive, i'm not exactly sure. but you are...
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Jan 18, 2013
01/13
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CSPAN2
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our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the regulatory regime, both in this country and europe. going in to that, what your reservation -- [inaudible] the deal that would emerge from the negotiations. what would you be most concerned about? >> i said in a meeting of the group that is looking at this, in my position, stated there was that we should undertake serious discussions between the u.s. and e.u. at the same time, i think we need to be realistic. i was -- [inaudible] what was that? over ten years ago, and i think there were unnecessarily optimistic views about how quickl
our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the...
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Jan 17, 2013
01/13
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KQED
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economy. >> susie: and from chipotle to dunkin' donuts, did fast food chains meet investors' appetites for big returns? we're talking food stocks. >> tom: that and more tonight on "n.b.r."! >> tom: we begin with banking. two giant financial powerhouses reported big gains in fourth quarter earnings today. j.p. morgan chase booked its third straight year of record profits. and goldman sachs reported fourth quarter earnings that were almost triple the same period a week ago. erika miller reports. >> reporter: before we get to jp morgan's profits, let's talk about the earnings of it's c.e.o., jamie n.
economy. >> susie: and from chipotle to dunkin' donuts, did fast food chains meet investors' appetites for big returns? we're talking food stocks. >> tom: that and more tonight on "n.b.r."! >> tom: we begin with banking. two giant financial powerhouses reported big gains in fourth quarter earnings today. j.p. morgan chase booked its third straight year of record profits. and goldman sachs reported fourth quarter earnings that were almost triple the same period a week...
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Jan 20, 2013
01/13
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CNN
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he had the best economy in a generation, that was the time to get them durngs the lewinsky scandal came along. bush tried to do them, iraq war and then katrina. he couldn't get it done. will this president seize this moment and tries to do medicare and social security, his vice president say i want to run for president. >> he will be more successful because he's tougher. there's danger and frankly david gergen, wrote a great piece on cnn.com called obama 2.0, really goes through it. there are dangers but he's going to be more successful because he's tougher. i think republicans respect him more as a tougher negotiator. >> what about democrats? >> he's got problems. >> here's my question to you which is, you've gottlieb brawl it democrats and the fiscal test is going to be all of these issues coming up on how you cut spending, what you do to the military, mine all of this stuff coming up. if the president says, i want a grand bargain and we've got to cut medicare as part of a big deal, where -- is he going to say to his own party, sorry, guys? >> he will say that and i will say this, the
he had the best economy in a generation, that was the time to get them durngs the lewinsky scandal came along. bush tried to do them, iraq war and then katrina. he couldn't get it done. will this president seize this moment and tries to do medicare and social security, his vice president say i want to run for president. >> he will be more successful because he's tougher. there's danger and frankly david gergen, wrote a great piece on cnn.com called obama 2.0, really goes through it. there...
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Jan 21, 2013
01/13
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if the economy is improving, the president will take a measure of credit for that. he has shown some willingness, at least, in some areas to compromise. the problem is much of the same themes you are still hearing from both parties. no one will give up their principles going into this. they can continue pushing from their side. they will not give up their principles. you are hearing the same from the white house. this speech almost seems like a response to the words spoken years ago with ronald reagan. in this speech, it was very much a defensive government. when we are together, we act effectively. we need the government to act effectively and take us out of the problems that we have been having. neil: thank you very much. one of the consequential acts of a new president, this president will be, among others, cementing his request to ask at least two senators to join his cabinet. john kerry, secretary of state and, of course, the former senator chuck hagel to make his way over to the defense. what can we expect in the next 100 days of this second term? much is made
if the economy is improving, the president will take a measure of credit for that. he has shown some willingness, at least, in some areas to compromise. the problem is much of the same themes you are still hearing from both parties. no one will give up their principles going into this. they can continue pushing from their side. they will not give up their principles. you are hearing the same from the white house. this speech almost seems like a response to the words spoken years ago with ronald...
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Jan 20, 2013
01/13
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, the economy is one that president obama has said is still undone. that's his biggest challenge for term two. >> perhaps a sign of the times, the president's second inaugural is much smaller, ten inaugural balls for years ago. only two this time. tomorrow, what could be his last big chance to tell americans from coast to coast what he can do for them over the next four years. >>> of course, there are plenty of people around here who were not excited about this inauguration a lot of republicans are skipping town. neither president george w. bush nor his father, recently hospit hospit hospitalized with health problems, plan to attend. >> for more, let's bring in david gregory. tomorrow, the president will deliver his inaugural address. the first time around we typically hear optimistic, loft lofty, ideal speeches. what do you expect him to say tomorrow? >> i think he wants to talk about restoration of the american economy. i think about the first inaugural address and how crisis laden the times were because of the crisis that was defining his initial w
, the economy is one that president obama has said is still undone. that's his biggest challenge for term two. >> perhaps a sign of the times, the president's second inaugural is much smaller, ten inaugural balls for years ago. only two this time. tomorrow, what could be his last big chance to tell americans from coast to coast what he can do for them over the next four years. >>> of course, there are plenty of people around here who were not excited about this inauguration a lot...
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Jan 17, 2013
01/13
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self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you look at the time of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it turns out the ipad isn't the second screen when people are watching t.v. for people over the age of 40, when they're in bed watching t.v. with their ipad, the ipad's actually the thing they're paying attention to and the t.v. is the background noise, if something happens they look up and look at it. why is that important? first of all could you have imagine five years ago that there would be a product that would go from zero to 50 million yunz overnight and the single most common thing to do would be to read in the bed at night? a technology product? that was to me unimaginable five years ago. so i look at this and i wonder what i
self-reliance that will be very help informal this era of underemployment and structural issues in the economy. >> you think the ipad is the most important new development since the i.b.m. p.c.? >> i do. >> rose: because? >> because it -- i'll start with if you look at the time of day the most common time of day for people to use their ipad is between 6:00 p.m. and when they go to sleep. when what is that known in your line of work? that's known as prime time. and it...
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Jan 14, 2013
01/13
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FOXNEWSW
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, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we shortened it down just to give you a flavor. the president does not want to negotiate and he says he has the voters behind him. he wants to congress just let him raise the debt limit or for them to do it. joining me now charles payne from the fox business network and john of left action and wall street journal columnist, the 50 economic indicators that really matter. we were just talking about that sound bite and that exchange with major garrett, formerly of fox and now cbs and the president was testy and didn't seem to much like the questi
, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we...
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Jan 20, 2013
01/13
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economy is one that president obama has said is still undone. that's his biggest challenge for term two. >> perhaps a sign of the times, the president's second inaugural is much smaller. 10 inaugural balls four years ago. only two this time. and tomorrow what could be his last big chance to tell americans from coast to coast what he can do for them over the next four years. >> of course there are plenty of people around here not excited about this inauguration. a lot of republicans are skipping town. neither former president george w. bush nor his father, who was recently hospitalized with health problems, plan to attend. for more on the inauguration and president obama's second term, let's bring in david gregory, moderator of "meet the press". good to see you. >> good morning, lester. >> tomorrow the president will deliver his inaugural address. the first time around we typically hear optimistic, lofty ideal speeches. there is the reality after four years, what would you expect him to say tomorrow. >> i think he wants to talk about restoration
economy is one that president obama has said is still undone. that's his biggest challenge for term two. >> perhaps a sign of the times, the president's second inaugural is much smaller. 10 inaugural balls four years ago. only two this time. and tomorrow what could be his last big chance to tell americans from coast to coast what he can do for them over the next four years. >> of course there are plenty of people around here not excited about this inauguration. a lot of republicans...
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Jan 14, 2013
01/13
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CSPAN
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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Jan 21, 2013
01/13
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it drags more on the economy now h than it has at that point. you heard democrats talk about that you need another couple interesting in order to avoid the 90 percent threshold. ab september that i don't see that he is going to be the one to lead on those issues. >> second term, though, this is what we are talking about. second term. you are talking about the president he has an opportunity to do something the art sent employees have never had a chance to take a risk go big go bold. one of those things has to do with spending. if not the kind of spending cuts which they envision which is chop off a certain percentage of this and that it's the trajectory of spending. these are steps he is willing to take. i know my friend bret baier is going to say juan he never said this publicly but it has been reported in many corridors he said he would be willing to do something in terms of the cpr. >> could he get his democratic caucus to sign on to it? >> if it was mentioned in the halls there was an uproar to the democrats. >> that's why i say go big and b
it drags more on the economy now h than it has at that point. you heard democrats talk about that you need another couple interesting in order to avoid the 90 percent threshold. ab september that i don't see that he is going to be the one to lead on those issues. >> second term, though, this is what we are talking about. second term. you are talking about the president he has an opportunity to do something the art sent employees have never had a chance to take a risk go big go bold. one...
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Jan 16, 2013
01/13
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CNNW
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our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots, everything that happened. things happen in this world. >> then there's a reality check. >> this is reality check. >> back in the 18th century, right? let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear war heads at their disposal to come after you and your guns. let's wake up and smell the coffee. >> you know, if they want to drop a bomb in tennessee -- >> let me bring in james fox. >> that's just ludicrous. >> we seem to be focusing too much just on ar-15 and assault weapons. a small percentage of homicides are committed with assault weapons. >> exactly. exactly. >> wait. let me respond to that. because the reason that i've been focused on that, in particular, i'm aware it's a small percentage of the killings in america. last four shootings in america, aurora, oregon shopping mall, firemen lured to their deaths before christmas and then sandy hook, all of those have involved an ar-
our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots, everything that happened. things happen in this world. >> then there's a reality check. >> this is reality check. >> back in the 18th century, right? let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear war heads at their disposal to come after you and your guns. let's wake up and smell the coffee. >>...
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Jan 17, 2013
01/13
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would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love, the military and reducing the deficit. republican should be thrilled with the public option. how can you make a hundred billion dollar mistake? who's doing the math? will it save or won't it save? let's turn to the author of the bill, jan schakowsky of illinois. >> i'm so happy that wendy is doing well. >> thank you. we appreciated your phone calls very much. congresswoman, the math? >> the estimate is it's $104 billion over 10 years. it saves the government money. in terms of the subsidies, in the exchanges, it would be on
would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military...